Footballcoin (XFC)
Crypto Overview
Purpose and Utility
FootballCoin (XFC) is a cryptocurrency designed for a fantasy football (soccer) gaming platform where users can create and manage virtual football teams using real-world player statistics. The platform allows users to own digital player cards as NFTs and participate in fantasy football contests.
Business Model
The platform operates as a gaming ecosystem where users can trade player cards, create teams, and participate in competitions. The XFC token serves as the primary currency within the ecosystem for purchasing player cards and participating in games.
Real-World Adoption
The platform has shown limited but consistent usage within its niche market of fantasy football enthusiasts. While not widely adopted, it maintains an active user base focused on fantasy football management.
Development Activity
The project maintains regular updates to its platform, particularly during football seasons, with improvements to game mechanics and user interface. Development appears focused on enhancing the gaming experience rather than token speculation.
Token Distribution and Governance
Information about token distribution and founder holdings is limited in public sources, though the project operates with relative transparency in terms of its gaming operations and ecosystem functionality.
Crypto Impact
To assign a comfort level investing in Footballcoin (XFC) from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Footballcoin (XFC).
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.